A digest of news and opinion from the Maldives.
As the Maldives prepares to open the country for tourists and resorts get ready to resume operations, Astrabon has launched a credit scheme allowing resorts to availing credit facilities for up to 3 months. The scheme is also open for guest houses and safari vessel operators. Commenting on the scheme, CEO of Astrabon Pvt Ltd, […]
Maldives Transport and Contracting Company (MTCC) has stated that 56% of the road development project at L. Fonadhoo has been completed. The construction and development of major roads in L. Fonadhoo is well underway, with 56% project progress. Under this project, 27, 848 sqm area of asphalt will be laid along 12 roads which have […]
In recent years real estate in the Maldives has rapidly risen. Male’ and Hulhumale have been urbanizing at increasing speeds. New condominiums with Luxury apartments and facilities are increasing. Finding the right house/apartment at the right price in the Maldives exhausting . Especially in Male’ city It’s is no easy task, but it doesn’t have […]
Jobsicle announces the facilitators for “My Entry to Hospitality”, a free online hospitality course for the Maldivians, endorsed by the Maldives Association of Human Resource Professionals (MAHRP). Jobsicle is an online start-up initiated in 2016. Within weeks of the initial launch, Jobsicle gained tremendous support and popularity among hundreds of companies and institutions in the […]
The telecommunication service provider Dhiraagu has introduced playlists, suitable for any mood at any time with their music application “Stingray”. At a Ceremony in Dhiraagu Head Office, this product was previously launched which is available free of charge for its customers. Stingray app is a music app that enables streaming of international hit-list of music […]
Washington DC, USA – March 4, 2017: IFC entrance with the sign of International Finance Corporation World Bank Group International Finance Corporation (IFC) to invest USD 175 million in the Maldives and Sri Lanka. The investment is on the international luxury brand, John Keells Holdings (JKH) for the development of supermarket chains operating in Sri […]
In a press conference, President Ibrahim Mohamed Solih stated the upcoming six months of 2020 will be highly strenuous for the Maldivian economy. “The next six months will be very demanding. Not only for the expenditure of the state but also for the expenditure of the public. Huge difficulties will be faced by public businesses […]
The market value of the US dollar has been increased in recent weeks. This is due to the shortage of dollar supply in the market as the COVID-19 impacts the Maldives economy. Tourism was the major source of US dollar supply to the Maldives. However, the tourism industry experienced an immediate fall due to the […]
With the reopening of borders, Maldives sets a new target to welcome 850,000 tourists in 2020. Speaking at the press conference held on 23rd June, President Ibrahim Mohamed Solih said that with the reopening of the borders, Maldives will be able to welcome tourists from July or August. “Some resorts have already said that they […]